Above are the Febuary Vancouver (west side) real estate graphs for houses, townhouses and condos. Sales down and listings up, in all categories.
Condo listings increased to just over 1500 vs. nearly 2000 a year ago and are equal to May and Oct’09. New Listings – Feb 601, Jan 850, Dec 349, Nov 621, Oct 833 , Sept 798. Sales Feb 342, Jan 298, Dec 397, Nov 483, Oct 529 a Sept 477.
For the year, the busiest price range is $350,000 to $400,000 (up from $300-350k in Jan). Year to Date sales over $1 Million - 27 sales. Total of 640 sales for the year vs 362 in 2009.
Townhouse listings 200 vs 400 a year ago. New listings for Feb 86. Jan 30, Dec 34 , 77 in Nov, 94 in Oct and 136 in Sept. Sales were for the month 54, Jan 30, Dec 62, 64 in Nov, 78 in Oct and 81 in Sept. Busiest price range is $700,000 to $800,000. 31 sales over $1M. 84 sales for the year vs 51 last year.
House listings - 430 vs 700 a year ago. New listings - Feb 220, Jan 244, Dec 86, Nov 136, Oct 238, Sept 310. Sales up to 130 in Feb vs 102 in Jan. Dec 133 , Nov 141, 200 in Oct. Feb’09 sales were 130, Jan 46. Almost no sales under $1M on Vancouver’s West Side – 11 out of 232 for the year. Year to date sales 232 vs 146 in 2009.
Vancouver reflections – prices for houses were off a tad. Townhomes flat and condos up. A lot more listings coming on the market and more buyers coming into the market as well. We anticipate a busy March-June period, which is when sellers traditionally get the highest price.
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I LOVE what I do, and that’s helping home buyers and home sellers in the waterfront condo neighbourhoods of Vancouver and I’ve been doing just that for nearly 30 years, so I’ve really gotten to know this market like the back of my hand. In fact I’ve seen Vancouver’s neighbourhoods of Coal Harbour, Downtown, Kitsilano, False Creek North, the West End and now the Olympic Village being built and I have an in depth knowledge of these neighbourhoods. My interest in Vancouver’s history combines with my interest in the changes and growth of its waterfront neighbourhoods. If you see me walking on the seawall, playing tennis or boating, say hello!
The city of Vancouver and its neighbourhoods of Coal Harbour, Downtown, Kitsilano, False Creek North, the Olympic Village and the West End have been put on the world map with its dynamic growth, international immigration, hosting the 2010 Winter Olympics, amazing world class restaurants, geographical beauty and quality of life. Consistently voted the Best City in the World to live, you can find great shopping, sports and entertainment in Vancouver.
I assist first time and trade up home buyers, investors and vacation home buyers, as well as first time and trade up home sellers, investors and vacation home sellers with the purchase and sale of houses, townhouses and condominiums.
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